BUSINESSWEEK ONLINE : SEPTEMBER 18, 2000 ISSUE
SPECIAL REPORT

..Though at a Steep Price


Recent high-profile deals have commanded high multiples...

DLJ (CREDIT SUISSE): 3 times book value

PAINEWEBBER (UBS): 3.4

PIMCO (ALLIANZ): 4.2

...suggesting J.P. Morgan might fetch four times book, or about $275 per share, vs. $172 on Sept. 6



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RELATED ITEMS
J.P. Morgan: Dressed for a Deal?

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TABLE: ...But J.P. Morgan's Strengths Could Make It a Target...

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CHART: Percent Return of Average Common Equity

Building the Anti-J.P. Morgan

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